April 1 2022, David R Brown
Chemical distributor OQEMA expands its network with the acquisition of Orosolv, France
OQEMA has acquired the French Orosolv Group and its subsidiaries with locations in Oyonnax, France, the French Plastics Valley (Ain) and in Brignais, near Lyon. The company has a total of over 20 employees, two warehouse locations and its own logistics, blending and repacking facilities. The company was founded in 2005 by Stéphane Farissier and will be integrated in the future with OQEMA France.
This is a great addition to our existing portfolio in this region and to the dense and strong European network we already have
Hartmut Kunz
Group CFO and Board Member at OQEMA Group
For OQEMA the acquisition of Orosolv further expands the Group's infrastructure and its network of own warehouses. In addition, Orosolv's focus on repackaging and the formulation of paints and solvents complements OQEMA's offer as well as strengthening the Group's position in France and the wider European chemical distribution marketspace.
Jean-Francois Daligault, Managing Director of OQEMA France, said he was looking forward to the expansion and development of the business in France: “The Orosolv Group with its warehouses, bulk storage, service facilities and its high level of technical expertise offers us great opportunities in the expansion of our portfolio and in value added services for our customers.”
Hartmut Kunz, Group CFO and Board Member at OQEMA Group added: “The Orosolv Group distributes all types of chemical products, lubricants, heat transfer fluids, surface treatment products, paints, and collects and processes industrial waste. This is a great addition to our existing portfolio in this region and to the dense and strong European network we already have.”
About OQEMA
The OQEMA Group, founded in 1922, is celebrating its 100th anniversary this year. Founded as a small family-owned chemical manufacturer, OQEMA is now one of the top 10 chemical distributors in Europe. Almost 1,300 employees currently work for OQEMA across 45 locations in 23 countries. At the interface between chemicals manufacturers and chemical-processing industries, the OQEMA Group provides pan-European services along the supply chains, which includes procurement, product development, individual mixing, logistics and recycling. The Group has specific expertise in the technical and regulatory support of its customers. OQEMA is also the exclusive distribution partner of various renowned producers. OQEMA offers a highly dynamic and continuously expanding product portfolio of more than 15,000 products.
Source(s): OQEMA Press Release
Further Information
Visit: https://oqema.com